1237 Tiffiny Ave SEPalm BayFL32909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palm Bay at 1237 Tiffiny Ave SE, Palm Bay, FL, 32909 uses $71,273 cash to close to unlock $558/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,473/mo, and a $1,052/mo payment keeps the spread at $47/mo. Purchase price stands at $215,000, and rental yield measures 8.22% with $1,473/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 107.66% and total cumulative return in cash records $76,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,473/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices